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Drumgeith Road, Dundee, DD4

Scotland

£350,000
Listed on 12/05/2026

Property Details

Bedrooms
4
Type
Plot

Description

Situated on a spacious plot along Drumgeith Road, this property presents a compelling development opportunity with existing permission for the construction of seven new homes. The predominantly flat site encompasses a sizeable garden area and includes a detached bungalow alongside various outbuildings, bordered by mature trees and neighboring residences. This location offers significant redevelopment potential in a desirable part of Dundee, conveniently close to amenities, schools, and transport links. This is an excellent prospect for investors or developers aiming to capitalize on a strategically located site with substantial development possibilities.

Investment Analysis

(DD4 area)
Area Average
£163/sq ft
Avg Rent (weekly)
£169
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
62
Average per month
Market Turnover
87%
Properties sold annually

Local Market Trend (DD4)

Area prices are rising by +11.4% over the last 12 months
3 year growth: +18.4%
5 year growth: +13.6%
Investment Disclaimer: Analysis based on DD4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Drumgeith Road, Dundee, DD4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,249
Based on a loan of £262,500 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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